BTCC / BTCC Square / Bitcoin News /
Bitcoin Soars to $109,000 Amid Tariff Truce and Liquidity Optimism

Bitcoin Soars to $109,000 Amid Tariff Truce and Liquidity Optimism

Published:
2025-05-21 18:21:14
20
2
[TRADE_PLUGIN]BTCUSDT,BTCUSDT[/TRADE_PLUGIN]

Bitcoin surged to an all-time high of $109,369 on May 21, 2025, fueled by easing global trade tensions and expectations of accommodative monetary policy. This 6% weekly gain follows Bitcoin’s breakthrough past $100,000 earlier in May, as markets reacted positively to President Trump’s tariff rollbacks. The rally was further supported by a U.S.-China agreement to suspend new tariffs and reduce existing duties by 115 basis points. As of May 22, 2025, Bitcoin’s price stands at 106,649.87 USDT, reflecting sustained bullish momentum in the cryptocurrency market.

Tariff Truce and Liquidity Fuel Bitcoin to $109,000 All-Time High

Bitcoin surged to a record $109,369 on May 21, buoyed by easing global trade tensions and anticipations of accommodative monetary policy. The 6% weekly gain builds on its breakthrough past $100,000 earlier in May, as markets interpreted President Trump’s tariff rollbacks as a bullish signal.

The rally found immediate impetus from a U.S.-China agreement to suspend new tariffs and slash existing duties by 115 basis points to 10%. This détente triggered synchronized gains across risk assets, with Bitcoin capitalizing on its growing correlation to macro developments.

MicroStrategy’s Michael Saylor Advocates Buying Bitcoin at All-Time Highs

Michael Saylor, founder of MicroStrategy, has doubled down on his bullish stance for bitcoin even as the cryptocurrency reaches unprecedented price levels. His proclamation comes amid BTC’s surge past $109,500, marking a new all-time high and placing every Bitcoin holder in profit.

"If you’re not buying bitcoin at the all-time high, you’re leaving money on the table," Saylor declared on social media platform X. His remarks reinforce a longstanding conviction that BTC’s value proposition strengthens with each market cycle, regardless of short-term price fluctuations.

MicroStrategy remains the largest corporate holder of Bitcoin, with Saylor consistently positioning the asset as a superior store of value. The latest rally appears to validate his thesis, though skeptics question sustainability at current valuations.

Texas Nears Approval for Strategic Bitcoin Reserve

Texas lawmakers have positioned the state to become the third in the U.S. to establish a strategic Bitcoin reserve. The SB 21 bill, approved by a 101-42 House vote on May 21, now awaits Governor Greg Abbott’s signature to become law.

The legislation empowers the state comptroller to allocate surplus General Revenue funds toward Bitcoin acquisitions, mirroring reporting protocols used for gold bullion in the Texas Bullion Depository. Congressman Giovanni Capriglione, a key sponsor, framed the MOVE as both a hedge for fiscal sovereignty and a strategic positioning in the evolving global financial landscape.

Bitcoin Nears Record High Amid Institutional Frenzy and Regulatory Tailwinds

Bitcoin stands on the precipice of its all-time high NEAR $108,000, fueled by unprecedented institutional demand. JPMorgan’s Jamie Dimon has greenlit access for 90 million clients, marking a watershed moment for mainstream adoption.

Regulatory catalysts loom large—July’s anticipated policy announcements and the proposed GENIUS stablecoin legislation are accelerating capital inflows. Citigroup projects the stablecoin market could balloon to $1.6 trillion by 2030, creating a rising tide for crypto assets.

Russia’s recent recognition of bitcoin as the top-performing asset class underscores its hardening store-of-value narrative. Anthony Scaramucci’s $22 trillion digital Gold thesis gains traction as sovereign and corporate balance sheets increasingly allocate to the asset.

Vishal Mega Mart Security Job Meme Sparks Bitcoin Mining Comparisons

A retail job listing for security staff at Vishal Mega Mart (VMM) has gone viral in India, with netizens humorously comparing the role’s difficulty to Bitcoin mining. The position, which requires rigorous testing, was meme’d into mythical proportions, overshadowing even India’s toughest academic exams.

The satirical comparison highlights the cultural intersection of cryptocurrency concepts with everyday life. While no direct crypto market impact is implied, the viral nature of such content demonstrates Bitcoin’s pervasive presence in modern discourse.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users